PUBLIC LISTED COMPANY AND UNLISTED COMPANY

  

PUBLIC LISTED COMPANY AND UNLISTED COMPANY

PUBLIC LISTED COMPANY	PUBLIC UNLISTED COMPANY
1.Minimum numbers of members 7 members	3 members
2.Maximum number of members No maximum limit	No maximum limit
3. Requires prospectus	Requires SILP
4. Filing of accounts Only with registrar	With registrar and SECP
5.Quorum 10 members in person having at least 25% voting power through their own account or proxy	2 members in person having at least 25% of voting power through their own account or proxy
6. Preparation of accounts In accordance with 4th schedule	In accordance with 5th schedule
7. News paper publication of  notice Required	Not required
8. Appointment of company’s secretary Mandatory	Not mandatory